Retailers Must Combine Technology/Personal Service, Ethan Allen CEO Said; MH Market UPdates

CNNmoney11.24.2017ManufacturedHomeStocksMarketsReportsMHProNewsUnder ‘If you can’t beat them, join them’ you might find the photo of Ethan Allen’s CEO, advocating for service/product firms teaming up with tech.

PreFab housing moves are being made – and/or are potentially poised to be made – by hi-tech executives connected with big names like Amazon, Google, Microsoft, and others.  Tech has impacted marketing and sales in the MH industry for several years.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • Jeff Bezos is now worth $100 billion
  • Macy’s has issues with credit cards on Black Friday
  • Online holiday shopping scams to watch out for
  • JCPenney coupon change leaves customers confused
  • Lowe’s site goes down temporarily on Black Friday
  • Crucial season begins for battered retailers
  • Club store shopping makes you spend and eat more
  • Black Friday: Your ultimate holiday shopping guide
  • Cyber Monday: your sales guide
  • CBS and Dish Network reach deal to end blackout
  • The U.S. government’s long history of suing AT&T

 

Selected headlines and bullets from Fox Business:

  • Tech leads Wall Street higher, Amazon and retail stocks gain
  • Retailers battle to compete against Amazon on Black Friday
  • Martha Stewart on the Amazon Effect: Need to get people into stores, they are really suffering
  • UPS move pressures retailers
  • Oil rises to new two-year high
  • Why Black Friday is starting to become irrelevant
  • Retirement savings tips: 401(k) vs IRA
  • Small businesses won’t benefit from either GOP tax plan: Fastsigns CEO
  • Black Friday draws early shoppers, but real frenzy is online
  • 12-year-old girl sues Jeff Sessions in a fight to legalize medical marijuana
  • Why are Millennials investing in Bitcoin?
  • CBS, Dish agree carriage terms; blackout ends

 

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Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

Today’s markets and stocks, at the closing bell…

S&P 500 2,602.42 +5.34(+0.21%)

Dow 30 23,557.99 +31.81(+0.14%)

Nasdaq 6,889.16 +21.80(+0.32%)

Crude Oil 58.95 +0.93(+1.60%)

Gold 1,287.30 -4.90(-0.38%)

Silver 16.99 -0.12(-0.70%)

EUR/USD 1.1934 +0.0086(+0.72%)

10-Yr Bond 2.34 +0.02(+0.78%)

Russell 2000 1,519.16 +2.40(+0.16%)

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Manufactured Housing Composite Value

 YahooFinanceManufacturedHousingCompValue11.24.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see the Bloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

Using Tech and Service, Spotlight with Ethan Allen CEO

Manufactured housing retail has been upended in recent years, as some locations have gone more virtual, and others have stayed more traditional.

Thus the comments from Farooq Kathwari – in the second video below – bears consideration, as to what light it sheds on how factory-built home retail may learn from their experiences.

Privately held Sunshine Homes is among those MH Industry firms that have led-the-way by presenting tools for independent retailers and communities to benefit from the best of technological and training support to encourage a great customer service experience.

To rephrase, Sunshine’s been practicing for some years – with success for themselves and their retailing ‘partners’ – what Ethan Allen is just now starting to discover.

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One example of this in manufactured housing is how the tech/service combo is rocketing Sunshine Homes and their retailers to far outpace the industry’s growth rates. https://www.manufacturedhomelivingnews.com/publisher-rebuked-doubting-doctor-skeptic-stunned/

Kathwari, in the video that follows from CNBC, makes a few key bullets.

·        As retail becomes more competitive, CEO of Ethan Allen Farooq Kathwari advises companies to combine technology and personal service.

·        Earlier this year, the furniture chain took that advice to heart by entering into a collaboration with Amazon

Note: as MHProNews has spotlighted, Amazon is now offering mini-mods on line.

 

The still below is from the video, above.
FarooqkathwariEthanAllenChairmanCEOCNBCDailyBuisnessNewsMHProNews

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4

Suppliers LPX, Patrick, Manufactured Home Builders Nobility, Skyline Homes – the Trump Effect on MH Stocks, Markets Part 3

Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2

Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1

 

NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 11.24.2017DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to a recent round of industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say –Thank You for your vote of confidence.”

We Provide, You Decide.” © ## (News, Analysis.)

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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